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The new luxury car brand Lotus has reduced prices by more than 0.1 million, and President Mao Jingbo has apologized.
According to Sina Technology, on February 19, during the afternoon news, it was recently discussed that the starting prices of two new models under Lotus Cars, the SUV ELETRE and the sedan EMEYA, have decreased by more than 0.1 million yuan compared to the previous models. On the evening of February 18, Mao Jingbo, the president of Lotus China, issued an apology in a letter to car owners on the Lotus Cars App. The letter mentioned, 'The Chinese electric vehicle market is ever-changing. We are launching new models to respond to competition by widening the price range and lowering the starting price threshold, aiming to allow more users to experience the charm of the Lotus brand.' Mao Jingbo stated, 'Regarding the launch of these new models, it aimed to address.'
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